Michael Koralewski - Mar 4, 2022 Form 4 Insider Report for FIRST SOLAR, INC. (FSLR)

Role
Chief Mfg. Operations Officer
Signature
/s/ Jason E. Dymbort, attorney-in-fact
Stock symbol
FSLR
Transactions as of
Mar 4, 2022
Transactions value $
-$152,681
Form type
4
Date filed
3/8/2022, 05:39 PM
Previous filing
Mar 4, 2022
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSLR Common Stock Options Exercise $0 +1.11K $0.00 1.11K Mar 4, 2022 Direct F1
transaction FSLR Common Stock Tax liability -$34.3K -477 -42.9% $71.85 635 Mar 4, 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1.46K +229.92% $0.00 2.1K Mar 4, 2022 Direct F3
transaction FSLR Common Stock Tax liability -$45K -626 -29.88% $71.85 1.47K Mar 4, 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +1.73K +117.77% $0.00 3.2K Mar 4, 2022 Direct F4
transaction FSLR Common Stock Tax liability -$53.3K -742 -23.19% $71.85 2.46K Mar 4, 2022 Direct F2
transaction FSLR Common Stock Options Exercise $0 +652 +26.54% $0.00 3.11K Mar 4, 2022 Direct F5
transaction FSLR Common Stock Tax liability -$20.1K -280 -9.01% $71.85 2.83K Mar 4, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FSLR Restricted Stock Units Options Exercise $0 -1.11K -100% $0.00* 0 Mar 4, 2022 Common Stock 1.11K Direct F6, F7
transaction FSLR Restricted Stock Units Options Exercise $0 -1.46K -50% $0.00 1.46K Mar 4, 2022 Common Stock 1.46K Direct F6, F8
transaction FSLR Restricted Stock Units Options Exercise $0 -1.73K -33.35% $0.00 3.46K Mar 4, 2022 Common Stock 1.73K Direct F6, F9
transaction FSLR Restricted Stock Units Options Exercise $0 -652 -20.02% $0.00 2.61K Mar 4, 2022 Common Stock 652 Direct F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2018.
F2 Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations with the vesting of the restricted stock units.
F3 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2019.
F4 Represents shares of common stock issued upon vesting of 25% of the restricted stock units granted on March 6, 2020.
F5 Represents shares of common stock issued upon vesting of 20% of the restricted stock units granted on March 6, 2021.
F6 Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2015 Omnibus Incentive Compensation Plan.
F7 The restricted stock units were granted on March 6, 2018 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F8 The restricted stock units were granted on March 6, 2019 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F9 The restricted stock units were granted on March 6, 2020 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 25% on each anniversary of the grant date, commencing on the first anniversary of the grant date.
F10 Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Omnibus Incentive Compensation Plan.
F11 The restricted stock units were granted on March 6, 2021 as part of the Issuer's annual equity grant to executive officers. These units are scheduled to vest annually at a rate of 20% on each anniversary of the grant date, commencing on the first anniversary of the grant date.